- Categories: Automotive, Industrial/Manufacturing
Established for over 15 years his business offers one of the largest ranges of four-wheel drive exhaust systems in Australia.
Sales for the 2022 financial year are $1,654,502.00 with a Net Profit to the owner of $415,822.00 trading 4.5 days per week.
There is an opportunity to purchase this Queensland Manufacturing business with full support from the current owners before their retirement, the sale is reluctant without any family predecessor.
The business was established in 2008 and over years of manufacturing has established itself as a market leader with the systems and intellectual fabricating capabilities that are the envy of all in the market.
The owners admit they have run the business to suit themselves and could increase sales dramatically if they choose to do so. The manufacturing facility could increase the current output by at least 60% without any further investment in equipment.
The business is run by a husband & wife with 7 staff members operating a short 5-day week, taking all public holidays and 2 to 3 weeks off over Christmas.
The manufacturing facility is approximately 434 m2 with 367 m2 of mezzanine & office space on the second level. Lease term until the 31st of Aug 2025 + 3-year option period. Rent approximately $6,020.12 inclusive of outgoings plus GST per month.
The plant, equipment & vehicles have been independently valued by Pickels Valuers at $696,560 and are included in the sale price.
The business has a very well-established & diverse customer base selling to Private customers, both nationally and internationally, Muffler / Exhaust retail workshops & Manufacturers for some of the most well-known 4WD Accessories brands (Re-Branded Products) in Australia.
The proud owners are very happy to stay on for up to six months if need be to help a new owner settle in.
This is a very good investment opportunity asking only $800,000 to include $696,560 of plant & equipment Plus Stock estimated at $340,000.
For a full Information Memorandum, with accountants' tax financials available with full video tours of the manufacturing facility and meetings with the owners. Use this link to complete the confidentiality agreement - https://forms.gle/dLez6WtEaCrpMAaT8
